iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA) Shares Up 1.5%

iShares MSCI Emerging Markets Asia ETF (NASDAQ:EEMA)’s stock price shot up 1.5% during mid-day trading on Monday . The stock traded as high as $65.88 and last traded at $65.72. 133,001 shares were traded during trading, an increase of 85% from the average session volume of 71,782 shares. The stock had previously closed at $64.72.

iShares MSCI Emerging Markets Asia ETF Stock Performance

The firm’s 50 day simple moving average is $63.20 and its 200-day simple moving average is $65.10. The company has a market capitalization of $440.32 million, a price-to-earnings ratio of 11.74 and a beta of 0.69.

Institutional Trading of iShares MSCI Emerging Markets Asia ETF

Several large investors have recently added to or reduced their stakes in EEMA. JPMorgan Chase & Co. increased its stake in shares of iShares MSCI Emerging Markets Asia ETF by 19.5% in the first quarter. JPMorgan Chase & Co. now owns 133,625 shares of the company’s stock worth $9,868,000 after acquiring an additional 21,846 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in shares of iShares MSCI Emerging Markets Asia ETF in the first quarter worth $1,760,000. UBS Asset Management Americas Inc. acquired a new position in shares of iShares MSCI Emerging Markets Asia ETF in the third quarter worth $577,000. Lazard Asset Management LLC acquired a new position in shares of iShares MSCI Emerging Markets Asia ETF in the fourth quarter worth $711,000. Finally, Edge Capital Group LLC increased its stake in shares of iShares MSCI Emerging Markets Asia ETF by 63.3% in the first quarter. Edge Capital Group LLC now owns 43,595 shares of the company’s stock worth $2,897,000 after acquiring an additional 16,900 shares during the last quarter.

About iShares MSCI Emerging Markets Asia ETF

The iShares MSCI Emerging Markets Asia ETF (EEMA) is an exchange-traded fund that is based on the MSCI EM Asia Custom Capped index, a market-cap-weighted index of Asian emerging markets firms. EEMA was launched on Feb 8, 2012 and is managed by BlackRock.